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Lumber Liquidators Closes Virginia Distribution Center

Lumber Liquidators will close its Sandston, Virginia distribution center. The permanent closure is scheduled for June 30, 2026. This action will affect all 65 employees at the site. The company was recently acquired by Bed Bath & Beyond, Inc. Lumber Liquidators is also moving its corporate headquarters and warehousing to Tennessee.

Sandston, Virginia

https://hbsdealer.com/lumber-liquidators-dc-closing-virginia


Michigan’s workforce may benefit from the Paramount-WBD merger

Paramount Skydance proposes acquiring Warner Bros. Discovery. This merger aims to build necessary scale for global competition. The combined company expects to invest in more content production. Increased production will create more jobs for skilled workers. This deal offers growth against current industry contraction.

Detroit, Michigan

https://www.aol.com/news/paramount-wbd-merger-could-good-223158974.html


What to expect

Belden is acquiring Ruckus from Vistance for about $1.85B. Expected to close in the second half of 2026, pending regulatory approval.

Between now and close, they will keep operating as separate companies — that’s a legal requirement, not a formality. No joint planning, pricing, or customer data sharing with Belden. Integration planning happens, but only through controlled “clean teams.” If they have people they can’t afford to lose, they will flag them now. Retention conversations are starting.

Most people won’t feel much change at first. The Ruckus brand stays. Product roadmaps, customer contracts, and sales teams keep moving. Customers and partners shouldn’t see disruption.
What’s happening as this is being written: the consolidation has started. A few functions will move over to Belden — HR, Finance, Legal, Tax, Treasury, Audit, Procurement, Corporate Comms, IR, and eventually IT. Real estate gets looked at wherever there’s overlap.

This may change, but what stays at Ruckus, at least for now: engineering, product management, sales, channel ops and partner programs, customer support, and the go-to-market teams. These are the reasons Belden bought Ruckus, and disrupting them would undercut the whole deal.

Now, the bridge period: Vistance will keep providing back-office services through a Transition Services Agreement for a while. IT separation alone usually takes 12–18 months, and in my experience it always costs more and takes longer than the first plan suggests.

1 to 1.5 year outlook: expect channel programs, partner tiers, and sales comp to get harmonized. Product lines that overlap with Belden’s will get rationalized.
Please ask any questions.


Product line sales.

Some major product line sales are being considered as the demand shifts towards the profitable and relatively low cost drone business. .
Electronic warfare, (avionics) is on the chopping block. No need to retool or retrain. Old sites like Clifton and Rochester will likely close in the coming year.


Fulton Bank Announces 95 Job Redundancies in Parsippany

Fulton Bank is eliminating 95 positions in Parsippany. These layoffs follow the bank's acquisition of Blue Foundry Bank. The approximately $243 million acquisition closed last month. Role redundancies were identified after a review of corporate and support positions. The job cuts will occur in two phases this year.

Parsippany, New Jersey

https://njbiz.com/fulton-bank-layoffs-parsippany-blue-foundry-bank-acquisition/


Using failed companies platforms

Why would T Mobile buy companies that are about to fail, hire their executives then use programs and platforms from those companies. This company went from last to supposed 1st doing things "the tmobile way" but some supposed brain said let's do things the Sprint and US Cells way now. Seems like they are trying save a sinking ship. All I need to do is last 9 more months or fingers crossed be laid off before then


Kirkland's Brentwood Office Closes, Layoffs Ensue

Bed Bath & Beyond Inc. finalized its acquisition of Kirkland's Inc. in April. Kirkland's Inc. was previously known as The Brand House Collective Inc. A layoff notice was recently filed with the state of Tennessee. The notice describes a permanent closure of the Brentwood office. This office had served as Kirkland's headquarters.

Brentwood, Tennessee

https://www.bizjournals.com/nashville/news/2026/05/05/bed-bath-beyond-kirkland-brand-house.html


Cohen Proposes Major eBay Staff Reductions

Activist investor Ryan Cohen has proposed acquiring eBay Inc. He sharply criticized eBay's current operating structure and large workforce. Cohen stated that 11,500 employees do not make sense for an asset-light business. He plans aggressive cost-cutting and headcount reductions if his bid succeeds. This strategy aims to increase earnings and accelerate innovation.

https://www.benzinga.com/markets/equities/26/05/52311822/ebay-layoffs-looming-ryan-cohen-says-11500-headcount-doesnt-make-sense-fwor-asset-light-business


Gilead Reduces Arcellx Workforce After Acquisition

Gilead Sciences is laying off 108 employees from Arcellx's Redwood City site. This action follows Gilead's recent $7.8 billion acquisition of CAR-T biotech Arcellx. The job cuts are part of the integration process after the buyout closed. Affected employees have been notified of the decision. The layoffs are scheduled to begin at the end of June.

Redwood City, CA

https://www.fiercebiotech.com/biotech/after-arcellx-buyout-close-gilead-trims-108-jobs-car-t-biotechs-redwood-city-outpost


Future of stock price?

What do people think the future looks like for PSKY? Honestly, I thought it was on the rise after the acquisition when it went up to close to $20, but it's obviously dropped back to pre-acquisition levels. Do we think it'll go back up if the WBD acquisition goes through?

TBH I'm asking because I have LTIP shares I'm trying to unload. My fault for not doing it in September/October.


Republic National Distributing Cuts Texas Jobs Before Sale

Republic National Distributing Co. is laying off 1,903 employees in Texas. These layoffs are occurring across multiple offices, including Schertz, Austin, and Grand Prairie. The company sent a WARN letter to the Texas labor agency. This action precedes a potential sale of its Texas market and ten others. Reyes Beverage Group is in talks to acquire these markets.

https://www.expressnews.com/business/article/texas-republic-national-distributing-layoffs-22234251.php


belden got played by a used car salesman

The Ruckus-to-Belden sale has all the smell of a polished used-car pitch: shiny numbers, big promises, and just enough spin to make the buyer believe they were getting a prize.

In my view, Chuck and the Carlyle playbook were not about building a great company or a great product. They were about packaging the story, dressing up the numbers, and extracting value before someone else had to live with the consequences.

Best used-wasel-car salesman energy.

poor ba----ds.....


Lexington Distributor Shuts Down, Cuts 130 Jobs

A Lexington supplements distributor is shutting down operations. This closure will eliminate 130 jobs. The shutdown follows a recent company sale. Grocer giant Kroger sold the company. A larger supplements concern acquired the distributor.

Lexington, North Carolina

https://hoodline.com/2026/04/lexington-reeling-as-vitacost-axes-warehouse-130-jobs-lost/


Albertsons Shuts Two Texas Locations, Restructures Operations

Albertsons is undertaking a new restructuring. Two retail locations in Texas ceased operations. This impacted 138 individuals. A major acquisition attempt involving Kroger collapsed. The company now faces intense competition alone.

Texas

https://internationalsupermarketnews.com/albertsons-at-a-crossroads-store-closures-layoffs-and-the-aftermath-of-a-failed-merger/


Texas Beverage Distributor Plans Multi-State Sale

A Texas-based alcoholic beverage distributor is considering a major sale. The company is currently in discussions. These talks involve selling some of its operations. The operations span across 10 different states. They also include its business in Washington, D.C.

https://www.bizjournals.com/baltimore/news/2026/04/27/republic-national-distributing-layoff-jessup-reyes.html


Odds of a mega merger or CEO change at Honeywell after split?

What are the odds of a mega merger or a CEO change at Honeywell after the split?

Would Aero or Automation merge to form something big? Thinking about the accelerated timing of the split also aligning with Elliott's 1 year quiet term ending.

In such a scenario, history always had a new CEO. How likely will there be a new CEO?


Cencora Sells Patient Services to Caremetx!!

Cencora has sold Patient Services to Caremetx. All employees within those divisions of the company will be employed by Caremetx in the next coming months.

https://www.globenewswire.com/news-release/2026/04/27/3281487/0/en/caremetx-acquires-u-s-based-patient-services-and-free-goods-pharmacy-operations-from-cencora-significantly-expanding-its-patient-access-platform.html


Oracle closes the biggest data centre financing in tech history at $16.3B with private bond 👍

As of April 2026, Oracle finalized a $16.3 billion financing deal for its massive data center campus in Saline Township, Michigan. This transaction is widely recognized as the largest single-facility technology debt package in history.


Is anyone going to buy ADM?

It's not a secret the OT is bleeding and drying out the divisions and there going to be another major layoff soon.

I'm hearing a lot of rumors about OT going to sell ADM bu heard SAP and others but is there any credibility to those rumors? is anyone going to buy ADM?
I guess the sale will be happening at the end of the faineance year (this June - start of July)


Republic National Distributing Company Announces Layoffs

Republic National Distributing Company announced potential layoffs. This action is part of a potential acquisition by Reyes Holdings LLC. The company filed notices for 318 employees at its Jessup, Maryland facility. Layoff notices were also filed in Washington D.C. and nine other states. Reyes Holdings plans to offer employment to many current RNDC employees.

Jessup, Maryland

https://www.thebanner.com/economy/careers/howard-county-mass-layoff-republic-national-distributing-company-4QJJTWFF45DL3GWRN3OM3F3DAI/


Platforms include Fiserv, FIS, Thought Machine

FIS Sale with help from KPMG
https://www.linkedin.com/jobs/view/4397200392/
KPMG is currently seeking a Director, Banking and Payments IT M&A – Due Diligence, Integration and Separation – Strategy to join our KPMG Strategy practice.
Responsibilities:
Lead and oversee comprehensive Buy-Side and Sell-Sideassessments across critical IT domains for potential client acquisitions, witha focus on banking / payments platforms and ecosystems; identify key IT risks,opportunities, and investments needed, and deliver executive-level duediligence reports with strategic recommendations
Direct IT integration andseparation initiatives from planning through execution for banking andpayments-related transactions, including retail and commercial banking,merchant acquiring, issuing, processing, and digital payments capabilities;oversee development of IT current state assessments, entanglementidentification, operating model definitions, synergies, and Day one andpost-close plans. Platforms include Fiserv, FIS, Thought Machine and understanding of the data landscape in banking (e.g., Customer360, familiarity with key data platforms such as Snowflake, Databricks etc.)
Develop and executego-to-market strategies for Technology Mergers and Acquisitions offerings focused on payments,fintech enablement, platform modernization, and ecosystem integration; providethought leadership on banking and payments technology architectures, includingcard networks, core banking platforms, fraud platforms, and modern cloud-nativebanking /payment stacks
Establish and manage program governance frameworks,ensuring rigorous oversight of execution across complex, multi-vendor paymentsenvironments; lead development of governance work products including statusreporting, risk management, and issue tracking; implement AI-powered tools forpredictive analytics on project timelines and risks and collaborate with seniorcross-functional teams to identify technology dependencies, risks, andopportunities across payments operations, product, risk, and compliancefunctions
Lead strategic discussions andpresentations with executive IT and business stakeholders, including CIOs,CTOs, and payments product leaders
Manage efforts to mentor and develop junior staff, fosteringdeep payments technology expertise, delivery excellence across the team, anda culture of innovation with a focus on leveraging AI and other emergingtechnologies
Act with integrity, professionalism, and personal responsibility to uphold KPMG's respectful and courteous work environment
Qualifications:
Minimum eight years of recent experience in technology/businessconsulting and/or technology leadership, with a proven track record of leadingIT transformations and advising on complex Mergers and Acquisitions transactions
Master's of Business Administration degree from an accredited college or university is preferred; Minimum of a Bachelor's degree in Information Systems, Computer Science, Finance, or a related field is required
Demonstrated success in leading high-impact IT-focused Mergers and Acquisitions projects with expertise in at least three of the following: systemintegration/separation, platform migration, IT architecture modernization,outsourcing of IT operations, or regulatory technology implementation; advancedprogram management skills, with the capacity to oversee large, complex projectsand deliver strategic insights to executive audiences; familiaritywith leveraging AI-powered platforms for due diligence, synergy analysis, andintegration/separation planning is a significant plus
Proven track record leading complex technology Mergers and Acquisitions engagements (pre- and post-deal) within the Financial Services industry,covering banking / payments sectors; in-depth knowledge of the technology andregulatory landscape specific to Financial Services, including experience withcore banking/payments platforms and the IT implications of regulatory rules and changes
Comprehensive understanding of IT best practices andenterprise IT ecosystems, including major ERP and business applicationplatforms, IT solutions, systems, infrastructure, and cybersecurity
Strong strategic thinking and leadershipabilities with experience developing and executing IT strategies that alignwith business objectives; experience developing and executing go-to-marketstrategies incorporate AI-driven solutions and driving business growth in theM&A space, including client relationship management and engagement inbusiness development activities; proven ability to lead and mentorcross-functional teams


BHVR - Montreal Layoffs

Behaviour Interactive has faced backlash following a recent round of layoffs that included a senior animator responsible for key work on popular Dead by Daylight characters. The timing of these staff reductions has drawn significant criticism as they occurred just one month before the game's 10th anniversary.

Key issues surrounding the situation include:

Potential Strategic Downsizing: Reports suggest the company may be conducting smaller, staggered layoff rounds to avoid the public and regulatory scrutiny that accompanies larger workforce reductions.
Corporate Expansion vs. Internal Cuts: The studio has continued to acquire other companies, such as Red Hook Studios and The Fun Pi-ps, while simultaneously reducing its own headcount, leading to questions about financial priorities.
Questionable Public Messaging: Criticism has been raised regarding the company's decision to promote a new, paid Rift Pass featuring legendary skins on the same day these layoffs were made public, highlighting a perceived disconnect between commercial activities and the treatment of employees.


Atleos Business Partners

With all of the recent layoffs on the Atleos Service side of the world interested if anyone has any connections on the Business Partner/Dealer side of the business? Curious of what their thoughts are on the impending acquisition and open positions that may be available. I would think they would interested in beefing up their teams with all of the talent on the streets.


GM hired a guy worth Bill Ford and Farley combined salary

Will he do better than DF did at Ford?

“General Motors Co. wooed new executive Sterling Anderson with a $40 million hiring package to leave his Silicon Valley autonomous vehicle startup and join the Detroit automaker in 2025, according to a financial disclosure filed Monday.

Anderson received $16 million in 2025 as the company's executive vice president, global product and chief product officer, according to a U.S. Securities and Exchange Commission filing. The rest of the $24 million will be paid out this year and next.”